NET Long trade - Choppy but good probability This is the 2nd attempt on NET, last time it was quick move to the upside after it cleared 75 level. Like wise, this time wait for it to clear 83-84 level and then go for long. Long above 83 Target 1 - 100 Target 2 - 110 Stop loss - 75 Longby just4tradin1
TSLA Lets Talk About Tesla Long this MACD setup. DCA encouragedNot financial advice. try to give a breakdown and importance of the MACD and how it is responding on the monthly and how on a 3 week chart we are moving in 1-5 wave . worth a watch and dollar cost averaging would be encouraged here.Long16:48by ThinkLikeaWhaleTLAW3
VRT eyes on $83.69 for Major support: Golden fib booster?VRT looks to be resuming uptrend. Now retesting a Golden fib at $83.69. This could be the start of next leg up.by EuroMotif4
Novo nordisk head and shoulder pattern formingThe Novo Nordisk head-and-shoulders pattern is taking shape, with a target price of $97. While the long-term outlook remains bullish, the hype around weight loss drugs is cooling off due to increasing competition and growing awareness of potential unknown side effects.Shortby AZ_Cap0
AMD stock looking ready ro lift off with fed intreset rate cutsWith the Fed intreset rate cuts today on sept 17, 2024 AMD and other nasdaq tech stocks looking ready to hit a strong medium long term growth cycleby chase02james0
Why would it hold? BAIDU Big LevelChina stocks have been beaten up in recent years as the US equities leave them in their wake. From hearing NVDA is larger than the entire china equity market, to China will always be in a bear market…are we finally into enough of support to see a material rally? BIDU is hitting a monthly support . This also happens as the US markets could be running into a distribution phase. Will the US Dollar staying below $102 help this emerging market company? by Trading-Capital0
Planet Fitness, Inc. Recently, the price seems to be consolidating with some upward movement, indicating a possible continuation of the short-term bullish trend. When prices touch or exceed the upper Bollinger Band, it's often a signal of overbought conditions, and a reversal or pullback could be expected. In the last few sessions, the candles show higher lows and higher highs, a good signal for bullish continuation. The green candle today is relatively large, which could indicate stronger buying pressure. The recent upward movement is supported by a healthy volume (visible in the lower volume bars), indicating strong market interest. Resistance: The nearest resistance seems to be around the $83.98-$84.00 range (where today’s high reached). Support: If the price retraces, potential support can be found near the $81.70-$82.00 range (lower bound of today's candle) and the moving average level around $80. Short-Term Bullish Outlook: Price is currently in a bullish phase above the moving average, supported by decent volume and nearing the upper Bollinger Band. If price breaks above the $84.00 resistance, we could see further upward movement. However, watch for a possible pullback near this level. Potential Risk: If price retraces, the moving average and lower Bollinger Band around $80 could provide support. Longby Sahrin0
Is NVDA the catalyst for the market?NVDA just had a bearish crossover of the 20 & 50 MA (Daily chart) Last time we saw this bearish moving average formation was in early August. NVDA proceeded to fall sharply in the coming days. All eyes on the market leader. All eyes on the QQQ. Will the Q’s be the demise of SPY? If Nvidia sees anymore weakness you can be sure it will have other semis following suit. Risk to reward in the near term is clear.Shortby Trading-Capital0
Hayward Holdings, Inc. There is a noticeable increase in volume during this rise, suggesting a higher level of participation, which is typically a bullish sign. The price has broken through the middle band (20-period simple moving average) and is approaching the upper band, suggesting upward momentum. High volume on bullish candles is generally a positive sign, indicating that many participants support the move. Resistance: The stock might face resistance near the $15.00 - $15.50 range, where prices previously reversed in late August. Support: The most recent support is around the $12.00 range, where price bounced off in early September. The technical indicators suggest a potential bullish reversal. However, keep an eye on whether the price can break and hold above resistance near $15.00. If the stock continues to trade with high volume and stays above the middle Bollinger Band, this could confirm a shift in momentum toward an uptrend. Longby Sahrin0
SMCI Bottom and Christmas Rally To ComeLight Fundamental: It is a stock called SMCI (or Super Mico Computer). It is a US company that makes super powerful computers and servers. The world needs servers to help run things like big websites, apps, and AI. The stock price fell by half. So, it is selling at a discount for what it is really worth. So, it is a good chance to buy it. Technicals: Gartley-like pattern diagonal support engulfing bullish pattern with d3 volume and volume confirmation a-b-c completion at a 78.2% fib pullback Entry is above the weekly engulfing bullish candle at 475.44. Target is, tentatively, 1500. Note: preparing for either an election rally or a Christmas rally in stocks Longby Rocketman1
HUBS: Monthly Candle w/ volumeTechnicals: Diagonal trendline support Dragonfly doji at 78.2% fib support and horizontal support with d3 volume Weekly cup-with-handle pattern Good buy before electionsLongby Rocketman0
SMCI, HUBS and META Bottom Buying Opportunities Q4'2024SMCI, HUBS and META are bottom buying Opportunities in Q4'2024 before the US elections. This video covers three stocks such as SMCI from a technical perspective with a hint of fundamental and thematic thought process. SMCI (or Super Mico Computer) is a US company that makes super powerful computers and servers. The world needs servers to help run things like big websites, apps, and AI. The stock price fell by half. So, it is selling at a discount for what it is really worth. So, it is a good chance to buy it. **I said SMCI is in a "pi" pattern. It is actually a Gartley-like pattern. Long12:08by Rocketman0
NVIDIA's Four-Hour Dip: A Macro Correction or Bigger Shift UPGood afternoon or evening, traders! What a rollercoaster of a day! The market followed our expectations—correcting, then taking a dive. But wow, did anyone expect that explosive breakout at 9:30 am? That’s the thrill of the open! In this video, I'm staying neutral, but here’s what we need to watch: a breakout above 119-120 opens the door to 140 and beyond—a very real possibility. On the flip side, a dip below current levels could see us exploring the 90 range. Something to keep in mind! Thanks for watching, and apologies if I sound a bit tired—it’s been an intense day. Happy trading, and let’s keep riding those waves! MB Trader12:18by mindbloome110
PLTR: heading into resistance 40 dollars is so close and also I think that's where we're heading in the short term. I do however think that the market has been pricing in rate cuts for September. They're satisfied and could possibly begin to take their profits. Time will tell. This is short term correctional sentiment but the market is still very strong and I think we have another year+ in the tank for this bull market. There's just way too much money sitting on the sidelines that have been benefitting from higher interest rates. Now they're going to be making less. Longby HassiOnTheMoon0
AMAZON SHORT FROM RESISTANCE| ✅AMAZON is set to retest a Strong resistance level above at 191.75$ After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 184.00$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx111
META: Targeting $700 at least by the end of the year.META platforms is bullish on its 1D technical outlook (RSI = 63.256, MACD = 7.090, ADX = 26.657) as it is making a healthy rebound on the 1D MA50. The 1 year Channel Up is posting recurring phases inside it and at the moment we are on similar grounds as early December 2023. Even the 1D RSI is identical between phases. Technically that suggests that the Channel Up can top on a HH after a +92% rise from the bottom but having the 0.618 Fibonacci level as a clear Rising Resistance, we will settle for a TP = 700.00 by the end of the year. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope1
Amazon Increases Wages, Adds Free Prime Perk Amid Stock SurgeAmazon (NASDAQ: NASDAQ:AMZN ) recently announced a series of moves aimed at benefiting its U.S. warehouse and transportation workers, while also preparing for the crucial holiday season. The e-commerce giant is boosting its average hourly wage for warehouse employees to over $22 per hour, up from around $20.50, in response to labor demands and to improve worker retention. In addition to wage increases, Amazon will introduce a free Prime membership as part of employee benefits starting early next year. Prime, which costs $140 annually, offers services such as expedited shipping and access to a vast library of video content, among other perks. This pay raise comes on the heels of Amazon’s announcement last week that it would also increase wages for contracted delivery drivers, lifting pay to around $22 per hour. Amazon has committed to investing $2.1 billion into its third-party logistics program this year, underscoring the company’s efforts to remain competitive in a tight labor market. Overview The timing of Amazon’s wage hikes is strategic. With the company’s annual Prime Day-like sales event set for October 8-9, and the peak holiday shopping season approaching, Amazon is positioning itself to attract and retain workers who are crucial for managing the influx of online orders. By enhancing its employee package, Amazon not only addresses internal pressures for better working conditions but also boosts employee morale, potentially improving productivity during its busiest period. Amazon's decision to offer free Prime memberships to employees is a notable move as it seeks to enhance its benefits package. Prime has long been one of Amazon’s key revenue drivers, with over 200 million paying subscribers worldwide. The inclusion of Prime for employees further aligns Amazon’s workforce with its services, fostering loyalty and reducing employee turnover. However, this decision comes amid growing pressure from labor unions. In June, the Amazon Labor Union—the first organized labor group at a U.S. Amazon warehouse—voted to affiliate with the International Brotherhood of Teamsters, signaling a strong push for improved contracts and conditions. While Amazon has resisted widespread unionization, the wage hikes and enhanced perks appear to be part of its strategy to appease workers without succumbing fully to union demands. Technical Outlook On the technical front, Amazon’s stock is currently trading up 1% and showing promising signs of bullish momentum. The stock's relative strength index (RSI) stands at 59, which suggests the stock is nearing a cooling-off period, yet remains in a solid position for further upward movement. Over the past few weeks, NASDAQ:AMZN has broken free from what appeared to be a declining trend pattern, potentially signaling a reversal into bullish territory. The recent wage hike news, coupled with the interest rate cuts announced by Jerome Powell, has likely fueled investor optimism. The rate cut eases borrowing costs, making it more favorable for businesses like Amazon to maintain operational liquidity, especially when expanding their workforce or investing in logistics infrastructure. This dovetails with the company’s preparation for the upcoming Prime event and holiday shopping season. If Amazon (NASDAQ: NASDAQ:AMZN ) continues its upward trajectory, the stock could breach higher resistance levels in the short term. The current RSI suggests that the stock isn’t overbought, and with positive sentiment around the company’s proactive approach to labor issues, NASDAQ:AMZN is well-positioned for continued gains. However, investors should keep an eye on broader market trends and any developments around labor union activities, which could impact Amazon’s cost structure moving forward. Conclusion Amazon's wage hikes and the introduction of free Prime memberships come at a pivotal moment for the company, as it ramps up for its busiest period of the year. These moves strengthen the company’s labor force and provide a buffer against union pressures. Technically, the stock appears poised for further growth, with the RSI indicating room for more upward movement, especially in light of favorable macroeconomic factors like the Fed’s recent interest rate cuts. Amazon is making bold moves to maintain its leadership in e-commerce while addressing internal and external pressures, setting the stage for a potentially strong performance in both the labor market and on the stock charts as we move closer to the holiday season.Longby DEXWireNews2
Coca Cola - A Clear Trading Setup!Coca Cola ( NYSE:KO ) will provide a textbook setup soon: Click chart above to see the detailed analysis👆🏻 Coca Cola is one of these "under the radar" stocks which is just trending higher and higher but nobody is really paying attention. However currently Coca Cola is retesting a resistance trendline of the governing rising channel pattern so a short term retracement is quite likely. Levels to watch: $72, $65 Keep your long term vision, Philip (BasicTrading)Long03:17by basictradingtv3
Tartget 91.42Following weekly chart. I got a long signal from my signal. TP1 84 TP2 91.4 SL - stop under 80 weekly candle close. Longby omurden0
COIN Back to Back Bear FlagsCOIN recently had a bear flag break and just formed another one. It's sitting at the bottom end now and also at horizontal support. It could see a big flush here if BTC tanks with metals. Still need to let the FOMC reaction play out, but so far it seems to me that metals and tech are reacting negatively.Shortby AdvancedPlays1
Second AttemptThis was the second attempt to close the window open since 3rd January. It has failed again so far. If we can hold above the December high we may see a good upward retracement.Longby motleifaul0
EOG to $125MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price bounced off all bottom channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is extremely negative Impulse MACD is extremely negative In at $117 Target is $125 or channel top Longby chancethepugUpdated 0
Buy-write CIFR @2.99CIFR is borderline oversold. It was when I started placing the trade and it rose to just above it now. This trade is designed as a 2 day trade, but if it doesn't work out, it'll be oversold anyway so I'm fine. I bought the stock at 2.99 and wrote a 9/20 $3 call and got paid .10 ($10) for it. My plan is that I lock in a 3.3% gain in 2 days assuming the stock goes up and gets called away. If it doesn't, the call reduces my cost by that 3.3% and I can turn around and sell another weekly $3 call on it next week, assuming the stock doesn't TOTALLY tank. I'll keep doing that until it does get called or until it doesn't make sense to sell the calls and then I just ride it out like a normal oversold trade. Editorial note: for the 3459493th time I accidentally wrote overbought instead of oversold in the original version. This version has been corrected.by redwingcoach0